New Pacific Metals Appoints Jalen Yuan as CEO and Chester Xie as CFO

New Pacific Metals Corp. (TSX: NUAG) (NYSE American: NEWP) announced the immediate appointment of Jalen Yuan as Chief Executive Officer and Chester Xie as Chief Financial Officer. Yuan, who previously served as Interim CEO and CFO, has also joined the company's board of directors. The board cited Yuan's leadership and financial expertise as critical factors in advancing New Pacific's Silver Sand and Carangas Projects in Bolivia. Board Chair Dickson Hall welcomed both appointments and expressed appreciation to Dr. Peter Megaw, whose term as director concludes at the upcoming Annual General Meeting.

Yuan stated he is honored to lead the company as it continues to responsibly develop its world-class Bolivian assets for the benefit of shareholders and stakeholders. The leadership changes come at a pivotal time for New Pacific as the company focuses on developing its precious metal projects in Bolivia. The company's flagship Silver Sand Silver Project represents one of the most significant silver development opportunities in South America, while the recently discovered Carangas Silver-Gold Project shows promising potential for additional resource growth.

The appointments strengthen New Pacific's executive team during a period of increased focus on silver and gold exploration in Bolivia. The leadership transition follows the company's ongoing efforts to advance its portfolio of Bolivian assets, which also includes the Silverstrike Silver-Gold Project. Investors can access the latest news and updates relating to NEWP in the company's newsroom at http://ibn.fm/NEWP. The full press release detailing these executive appointments is available at https://ibn.fm/QnnHx.

These leadership changes reflect New Pacific's strategic focus on advancing its Bolivian projects through experienced management. The company's commitment to responsible development of its precious metal assets positions it to capitalize on growing global demand for silver and gold. The strengthened executive team is expected to provide consistent leadership as New Pacific moves forward with development plans for its significant Bolivian resource base, which represents substantial value potential for shareholders and local stakeholders alike.